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Euro India Fresh Foods (NSE:EIFFL) Interest Expense : ₹-34 Mil (TTM As of Mar. 2023)


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What is Euro India Fresh Foods Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Euro India Fresh Foods's interest expense for the six months ended in Mar. 2023 was ₹ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-34 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Euro India Fresh Foods's Operating Income for the six months ended in Mar. 2023 was ₹ 50 Mil. Euro India Fresh Foods's Interest Expense for the six months ended in Mar. 2023 was ₹ -34 Mil. Euro India Fresh Foods's Interest Coverage for the quarter that ended in Mar. 2023 was 1.47. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Euro India Fresh Foods Interest Expense Historical Data

The historical data trend for Euro India Fresh Foods's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Euro India Fresh Foods Interest Expense Chart

Euro India Fresh Foods Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.31 -21.76 -24.60 -28.10 -33.80

Euro India Fresh Foods Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.31 -21.76 -24.60 -28.10 -33.80

Euro India Fresh Foods Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-34 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Euro India Fresh Foods  (NSE:EIFFL) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Euro India Fresh Foods's Interest Expense for the six months ended in Mar. 2023 was ₹-34 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹50 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹121 Mil.

Euro India Fresh Foods's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*49.7/-33.8
=1.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Euro India Fresh Foods (NSE:EIFFL) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Near Cinemax Theater, 501, 5th Floor, The Summit Business Bay, Andheri (East), Mumbai, MH, IND, 400059
Euro India Fresh Foods Ltd is an Indian Food business firm. The company is engaged in manufacturing and selling processed food and beverages which is the only business segment. Company products include; Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro's mango drink Fresho, and lemon-based drinks Euro Lemoni. The firm has outlets in cities such as Surat, Ahmedabad, Bhavnagar, Mumbai and Others. Euro also exports products overseas however the majority of the revenue accrues from domestic sales.

Euro India Fresh Foods (NSE:EIFFL) Headlines

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